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Dogecoin News
Newsbtc
4w
261
Image Credit: Newsbtc
Dogecoin Price Squeezes Into Triangle With Breakout Closing In
- Dogecoin has been trading in a tight range between $0.15 and $0.16, forming a triangle pattern on the 4-hour chart.
- The price movement reflects market indecision as buyers and sellers exercise caution, causing a compression of volatility.
- Analysts project a potential bullish breakout, with an uptrend that could push Dogecoin to reclaim the $0.20 level.
- A clean upside breakout and sustained close above $0.20 could mark a positive finish for Dogecoin in April, influencing market sentiment and inviting increased buying activity.
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15 Likes
Cryptoticker
4w
159
Image Credit: Cryptoticker
$1,000 in DOGE = $1 Million in 2025?
- Dogecoin (DOGE) has been a popular cryptocurrency since the 2021 bull run, with investors wondering if a $1,000 investment today could turn into $1 million this cycle.
- Currently, DOGE is trading near $0.156, showing signs of stabilization after a period of decline.
- To reach $1 million, DOGE would need to increase by 990x, reaching a market cap of over $22 trillion, which seems unlikely in the short term.
- A more realistic target for DOGE would be reaching its previous all-time high of $0.73 or even $1 in 2025, resulting in returns of 4.7x or 6.41x respectively.
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9 Likes
TronWeekly
4w
229
Image Credit: TronWeekly
Dogecoin Flashing Bottom Signal, Analyst Eyes 501% Rally Ahead
- Analyst predicts a potential 500% rally for Dogecoin, based on a historic fractal pattern.
- Another analysis suggests a 40% drop to $0.09 before a possible 400% rebound to $0.45 in 2025.
- Short-term holders have increased by 107.45%, while large holder activity surged 3,722% in 90 days, indicating significant accumulation.
- Mixed signals in Dogecoin's outlook, but the increase in large holder activity suggests a positive long-term view.
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13 Likes
Bitcoinist
4w
414
Image Credit: Bitcoinist
Dogecoin Whales Could Drive Next Wave Of Price Crashes Amid Massive Dumps
- Dogecoin whales, holding between 10 million and 100 million DOGE, have offloaded over 570 million coins in the past week.
- The decline in whale holdings suggests intensified price volatility and downside pressure for Dogecoin.
- Whale distribution may precede market corrections, with Dogecoin potentially revisiting support zones at $0.144 or even lower.
- The wider crypto market has also witnessed selloffs from some whales in the past week.
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24 Likes
Bitcoinist
4w
93
Image Credit: Bitcoinist
Dogecoin Price Targets In The Short-Term Revealed Amid Bearish Wave
- Dogecoin's price action on the 1-hour candlestick timeframe chart has shown a sharp decline since April 14.
- Analysis suggests that Dogecoin may have reached the end of its correction phase and could be preparing for a short rally.
- Upside price targets for Dogecoin are identified at $0.1607 and $0.1670.
- Dogecoin is currently trading around $0.1560 and may experience a bounce back to $0.17 in the near term.
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5 Likes
Bitcoinist
4w
115
Image Credit: Bitcoinist
What’s Going On With Dogecoin And Shiba Inu?
- 21Shares, in partnership with the House of Doge, has launched a Dogecoin ETP in Europe and filed for a Dogecoin ETF with the SEC.
- The Dogecoin team celebrated the 2nd anniversary of Elon Musk and the X team temporarily changing the Twitter logo to DOGE's logo.
- In the Shiba Inu ecosystem, the burn rate of SHIB tokens has surged, which could potentially boost the price of SHIB.
- The Lead Developer of Shiba Inu, Shytoshi Kusama, has returned and plans to continue playing an active role in the project's development.
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6 Likes
TronWeekly
4w
316
Image Credit: TronWeekly
Dogecoin (DOGE) Forecast: 50-Day Surge Could Trigger New ATH
- Dogecoin (DOGE) is currently mirroring a previous 100-day rally cycle, now compressed into a 50-day window.
- A new all-time high (ATH) for Dogecoin is expected, but breaking above $1 remains uncertain.
- The Relative Strength Index (RSI) pattern suggests a potential Dogecoin rally, with RSI readings indicating a possible reversal and fresh buying interest.
- Crypto analyst Master Kenobi's analysis also points towards a synchronized altcoin breakout in late May, with similarities to past November bull runs.
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18 Likes
Zycrypto
4w
190
Image Credit: Zycrypto
Dogecoin Spot Outflows Soar to $120 Million in April; Are the Bears in Control?
- Spot outflows of Dogecoin (DOGE) have reached $120 million in April, indicating increased selling pressure.
- This trend reflects a decline in demand for DOGE and a weakening of confidence among holders.
- However, long-term investors are buying more than 800 million DOGE in the last 48 hours, indicating their resilience.
- The near-term outlook for DOGE remains positive, with potential for an uptrend if it breaks the $0.17 resistance level.
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11 Likes
TronWeekly
4w
378
Image Credit: TronWeekly
Expert Signals 93-Day Bull Run as DOGE Holds Above $0.15
- Dogecoin (DOGE) holds above the $0.15 level, showing strong support at $0.154.
- Analysts predict an upcoming price rally, with predictions of Dogecoin reaching $1.
- Stable market conditions and institutional adoption contribute to positive sentiment.
- Dogecoin's historical trend suggests the possibility of a new rally phase.
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22 Likes
TheNewsCrypto
4w
80
Dogecoin (DOGE) and Rexas Finance (RXS): Top 2 Cryptos to Watch Closely as Whale Investors Stockpile Nonstop
- Dogecoin (DOGE) and Rexas Finance (RXS) are two top cryptocurrencies to watch closely as whale investors stockpile.
- DOGE, a meme coin, has experienced significant price fluctuations and intense whale activity. Its future is uncertain due to external influences and unlimited supply.
- RXS, on the other hand, is a utility-driven cryptocurrency with a focus on tokenizing real assets. It has experienced explosive growth during its presale phase and shows potential for significant gains.
- Investors are interested in both DOGE and RXS, with some diversifying from DOGE to RXS for long-term development possibilities.
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4 Likes
Newsbtc
4w
342
Dogecoin Price Eyes Next Critical Level At $0.18, Is A Break Above $0.25 Possible?
- Dogecoin price has been struggling in the market as bears dominate.
- Analysts suggest $0.18 as a critical level for a potential breakout.
- Falling wedge pattern indicates the end of the downtrend.
- Signs of trend reversal on the horizon for Dogecoin price.
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20 Likes
Bitcoinist
4w
436
Image Credit: Bitcoinist
Dogecoin Price Forms Symmetrical Triangle, Falling Wedge Breakout Begins From Oversold Zone
- Dogecoin's price forms a symmetrical triangle on the 4-hour chart, indicating potential for a breakout and sustained rally.
- A falling wedge breakout on the 1-hour chart, combined with recovery from the oversold zone on RSI, suggests potential bullish reversal.
- Confirmations such as breaking the symmetrical triangle's upper boundary and increasing trading volume are needed for a stronger bullish case.
- At the time of writing, Dogecoin is trading at $0.1557, with a slight increase in price and a decline in trading volume.
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26 Likes
Bitcoinist
4w
179
Image Credit: Bitcoinist
Wall Street Winks At Dogecoin: ‘It’s More Than A Meme’
- Crypto asset manager asserts Dogecoin is more than a joke due to its utility and community orientation.
- Dogecoin's speed of transactions and low costs make it useful for small payments and tips.
- Dogecoin has seen a staggering 130,000% growth over the past decade.
- 21Shares partners with House of Doge to list the first Dogecoin ETP and files for a possible Dogecoin ETF.
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10 Likes
NullTX
4w
360
Image Credit: NullTX
DOGECOIN PRICE ANALYSIS & PREDICTION (April 17) – Doge Finds Minor Support at $0.15 Amid This Week’s Drop, Will it Hold?
- Doge finds minor support at $0.15 amid recent drop.
- Bears remain cautious about Dogecoin's outlook on a mid-term scale.
- Doge's price hovers around $0.15, uncertain if support will hold.
- Key levels to watch: $0.15 support and $0.17 resistance.
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21 Likes
TronWeekly
4w
183
Image Credit: TronWeekly
Dogecoin Open Interest Rises to $1.55B; DOGE Price Rises
- The rise in the Dogecoin open interest to $1.55B suggests increased trader activity and buying pressure.
- Technical indicators on the 1-day chart show bullish signals, with the MACD and signal lines displaying a bullish crossover.
- DOGE remains in consolidation between $0.15 and $0.17 amid uncertainty in the overall financial markets.
- Coinglass data shows that open interest (OI) in the leading memecoin, Dogecoin (DOGE) reached $1.55 billion over the past 24 hours.
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10 Likes
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